Not too concerned with rent/price ratio on single family homes since none of them are really going to cash flow a ton anyhow unless they are paid off. 

what would you think of a 14,600sqft 3 unit property in sailboat bend, off market, that is RMM25 zoned and has a nice single family and duplex behind it, half of the lot if empty so it can be developed or RV/trailer parking, for $1.1M?

HI BP family.

I think a multi family (2-4) units would again probably be the right type.  

I am actively looking to connect with investors interested in [mention specific types of investment opportunities,  single-family homes, multi-unit properties, distressed to expand my portfolio and deliver strong returns.

He actually already locked up a subto deal and is looking for a buyer to help the family avoid foreclosure since they are in a bind.

However, not one general location is going to help you determine whether it's a good market for multi family or single family etc.The one true way to start looking into a market is talking to an agent who knows the area.

Unfortunately, it cannot be used for a 2-4 family property, only single family properties. 

.: Quote from @James Jefferson: Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water.

After selling the property, my real estate investing journey went on hold for several years while my family grew to a wife and three beautiful daughters.